Current Bank Risk Management Of Derivatives In China

In 2008 the global financial crisis have caused a great impact onthe world's financial system.Major financial institutions have been involved in the crisis.The global downward trend in real economic growth in.The unemployment rate increases.The main culprit of the crisis-financial derivatives once again become a research hots'pot.The present stage, Chinese banking industry's financial derivatives business development is still at an early stage.Pairs of derivatives trading business of risk management research still to be improved.The financial crisis and also put forward new demands on risk management of bank derivatives.Look at a deeper level, there is a necessary link between therisk management level and banking financial derivatives business in the scale of development.This paper describes risk management status and problems of Financial derivatives in china bank based on the development of derivatives, the need for Chinese banks.In this paper, from the laws and regulations, risk management system addresses two aspects of China's banking derivatives risk management status.Respectively, study from both internal and external aspects of risk management in Chinese banking derivatives main problems:Lack of internal controls and external supervision of defeat.To solve the problem later, lay the foundation.In this paper, comparative the two internal control framework COSO-F and ERM-IF for the comparative analysis. Have chosen a suitable derivative risk management system of internal control framework for Chinese bank.Combination of China's banking practice, internal controls put forward specific proposals.At the same time, in order to focus on internal controls, supplemented by external management.